$6,175 Closing Credit¹
#4098495, Margaret M Colson, Listing Office: Colson Classic Realty
$647,500 List price
500 Franklin St Natchez, MS 39120
$7,689
Closing credit¹
5 beds
3 full, 1 partial
5,500 sqft
0.09 acres
$118 / sqft
Multi-Family
Property details
About 500 Franklin St
Own a piece of history in the heart of downtown Natchez with this stunning multi-use building, built in 1890 and filled with original architectural details. Upstairs features two spacious residential units--one a luxurious 2BR/2.5BA with intricate plaster work, ornate interior columns, gold gilded accents, gas stove, and fabric wallpapered half bath. The second 2BR/2BA unit has a chic warehouse vibe, both with soaring ceilings, original strip wood floors, massive original windows with views of Franklin and Commerce, and heavy wood doors. The grand foyer boasts marble floors, an elevator, and wide plank original stairs. Downstairs includes a flexible 1BR/1BA unit perfect as a residence, office, or boutique. A separate large commercial space is ready for renovation with tons of potential. Original plasterwork, cornices, and crown molding add to the building's grandeur. A rare opportunity to invest in downtown Natchez with residential, commercial, and historical value. Roof replaced in 2025. Property is approved for the Balcony Initiative--should be completed in 2026. Historic Tax Credits still available! All measurements and information is approx., buyers should verify.
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size5,500 sqft
Lot size0.09 Acres
Year built1890
ParkingOn Street
MLS #4113697
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Electric Range, Dishwasher, Microwave
- Flooring Type: Carpet, Marble, Wood
- Interior: Built-in Features, Ceiling Fan(s), Crown Molding, Elevator, Entrance Foyer, Granite Counters, High Ceilings, His and Hers Closets, Open Floorplan, Walk-In Closet(s)
- Total Bedroom Count: 5
- Attached Garage: No
- Private Pool: No
- Parking: On Street
- Waterfront: None
- Exterior: Private Entrance
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $647,500
- Price/SqFt: $117
- Annual Tax Amount: $3,464
- Tax Year: 2023
- Lot: City Lot, Corner Lot
- Year Built: 1890
- Stories: 2
- Living Area: 5,500 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 4113697
- MLS Name: MLS United
- Office Name: River Park Realty
- Office Phone: (318) 336-7771
- Office Email: tabitha.wroten@gmail.com
- Listing Agent: Shannon Melton
Information is deemed to be reliable but not guaranteed. Copyright 2025, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$647,500
500 Franklin St
$7,689
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $20,750 | $3,464 |
| 2022 | $20,750 | $3,272 |
| 2021 | $20,750 | $3,272 |
| 2019 | $21,023 | $3,261 |
| 2018 | $21,023 | $3,360 |
| 2017 | $21,023 | $3,366 |
History based on county public records data.
Nearby schools
7
Vidalia Upper Elementary School
Public District 3-5
1.3 mi
•1 Concordia Ave
4
Ferriday Upper Elementary School
Public District 3-5
10.2 mi
•151 Martin Luther King Blvd
5
Jonesville Elementary School
Public District PK-5
25.5 mi
•1219 Cora Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,188. Most Natchez, MS residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
46%
<35k
30%
35k-100k
12%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
5%
Single, with Kids
30%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
NASCAR
Where do the neighbors shop?
Kmart
Stein Mart
Dollar General
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Arbys
What do the neighbors drive?
Buick
Lincoln
Ram
What do the neighbors listen to?
Oldies
News/Talk/Information
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 500 Franklin St in Natchez, MS and zip code 39120. This 5,500 square foot home, which was built in 1890, sits on a 0.09 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 18, 2025 and is currently priced at $647,500.
From Rocket Homes Real Estate and based on county public records data.